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Premier Tim Houston, adding that at least seven bridges would have to be replaced or rebuilt. "The property damage to homes ... is pretty unimaginable," he told a news conference.

Investing.com — Storage fills for natural gas in the United States came in as expected for last week, and there was not much of a change either in weather forecasts. Yet, U.S. gas prices rallied some 6% Thursday in a development market watchers said could have more to do with the Russia-Ukraine situation.

By Timothy Gardner and Patricia Zengerle

WASHINGTON (Reuters) -The United States on Thursday said the first offshore wind power auction in the Gulf of Mexico will take place next month, an industry milestone President Joe Biden discussed during a trip to highlight the administration's efforts to boost clean energy.

U.S. federal prosecutors can’t auction off 800,000 barrels of seized Iranian oil sitting in a Greek tanker off the coast of Texas because U.S. companies are reluctant to unload it, according to people familiar with the matter.

Victoria abandoned plans to host the Commonwealth Games in 2026 because the 12-day event would cost up to $7 billion, rather than the $2.6 billion originally budgeted, Premier Daniel Andrews says.

NASA has received three fully electric and environment friendly crew transportation vans that will take Artemis crews on the final Earth-bound leg of their journey to the Moon before boarding their rocket and spacecraft. The zero-emission vehicles, developed by California-based Canoo Technologies as part of a contract awarded by NASA in April 2022, were delivered to the space agency's Kennedy Space Center in Florida on Tuesday, it said in a statement. The vehicles can carry four astronauts in their Orion crew survival system spacesuits, support personnel including a spacesuit technician, and provides room for specialised equipment for the drive to Launch Pad 39B ahead of Artemis missions to the Moon. The vehicles were designed, from the interior and exterior markings to the colour of the vehicles to the wheel wells, by a creative team that included the Artemis launch director and representatives from NASA's Astronaut Office based at Johnson Space Center in Houston. They also provided insight from the conceptual phase throughout production. «The collaboration between Canoo and our NASA representatives focused on the crews' safety and comfort on the way to the pad ahead of their journey to the Moon,» said Charlie Blackwell-Thompson, NASA's Artemis launch director, in the statement.

NOTE: The following article contains disturbing content. Please read at your own discretion.

The downturn in the commercial real estate market has investors looking for long-term buying opportunities — but the market’s not for the faint of heart, nor of cash.

Media and mining billionaire Kerry Stokes is trying to buy a public road, understood to be part of an effort to quietly expand the footprint of his influential private office in the middle of Perth.

London | A race between European and Chinese energy groups to lock in shipments of liquefied natural gas from the US is driving investment in a range of export projects that will boost a market facing a potential supply shortage.

Investing.com — After the best monthly return in a year, natural gas began July trading with a dip on Monday as producers concluded on-site maintenance, resulting in higher output. Some of the heat that had pervaded the south of the United States also let up, reducing gas-driven demand for cooling.

Try as you might, you can’t spell “financial advisor” without F-L-O-R-I-D-A.

Former United Airlines CEO Oscar Munoz discusses a government report blaming airlines for cancellations, retention in employees, and his new book, «Turnaround Time.»

Geert Rouwenhorst, the Yale professor who grandfathered the theory of commodity index investing, used to get plenty of laughs from his audience when he’d tell them that many didn’t know the correlation between pork belly futures and natural gas until they began barbecuing.

Check out the companies making headlines in midday trading.

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HOUSTON—The boom in oil production that over the last decade made the U.S. the world’s largest producer is waning, suggesting the era of shale growth is nearing its peak.

Warren Buffett's Berkshire Hathaway added to its already large Occidental Petroleum stake over the past trading sessions, a regulatory filing revealed Tuesday evening.

The world’s oil traders are increasingly adopting an old slogan as they track crude prices and try to shield themselves from volatility: Don’t mess with Texas.